High Cost of Global Climate Agreement? Why It Will Save Us More Than Cost Us?

http://www.eco-rescue.info Some critics on the right are concerned about the high cost of a global agreement to stop climate change. In response, Time Magazine's Energy & Climate Writer Bryan Walsh says independent studies show the cost will be low, the benefits will be great. And even even businesses are divided on the issue. See below for Bryan's verbatim answer. http://www.eco-rescue.com LOS ANGELES, California, October 2, 2009 (ENS) - At Governor Arnold Schwarzenegger's Global Climate Summit today, 30 governors, premiers, mayors and senior officials from around the world and the United Nations declared that workable solutions to global warming exist and they want a strong climate deal to emerge from negotiations in Copenhagen this December.

Governor Schwarzenegger, who convened this second annual summit of subnational leaders, said, "Addressing the problems caused by climate change is the greatest environmental challenge of our time."

"We have deepened our partnerships and renewed our commitment to work collaboratively to reduce greenhouse gas emissions and create a cleaner planet and stronger economy for the next generation. In signing this declaration we are sending a powerful message to the national leaders negotiating the next global climate agreement that we are ready for action," said Schwarzenegger. "The time to act is now."
The participants agreed to work together to pursue clean transportation and mobility, support national climate change legislation, include forests in climate policy development, acknowledge the need for adaptation efforts, and recognize the role of subnational governments in the discussions on the next global climate agreement.
In December 2009, world leaders are expected to meet in Copenhagen and agree on a treaty to limit greenhouse gases that will take over when the Kyoto Protocol expires at the end of 2102.

Bryan Walsh: "well the American Chamber of Commerce, when they cite studies that say cap and trade, as currently formulated, is going to cripple the economy, those are, those are somewhat biased studies here. You can find others like the congressional budget office, nonpartisan group that doesn't have a dog in the fight, and they say that on the whole this will cost American families very little. I mean they will probably notice it. So I tell them to look at that. And even within the chamber, just over the past week, week and a half, you have seen a number of large companies and utilities leaving the Chamber of Commerce because they see what they are doing with Cap and trade as being unfair. I mean being bad for the country. They see some form of carbon pricing has to come if we are to deal with climate change. They believe climate change is real. We have to stop ignoring that fact. And so they are, these companies have left the chamber, say we would rather have the certainty of this kind of regulation than this continued back-and-forth war that is not really benefiting anyone."

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[stopglobalwarming08]

thanks Bryan Walsh!